Shuttering

TVA Strikes Deal with EPA to Close 18 Coal Units

With the prospect for widespread shuttering of the oldest, most inefficient coal-fired power plants in the face of stiffer federal clean air requirements, the Tennessee Valley Authority (TVA) said Friday it will close 18 coal-fired boilers, or 16% of its coal-based capacity, during the next five years. Shutdowns are to start next year.

April 18, 2011